The impact of buying Meritor along with heavy-duty truck engine sales pushed Cummins Inc.’s earnings to record heights in the first quarter of 2023, the original equipment manufacturer said May 2.
May 2, 2023Trucking Business News
Transport Topics business coverage focuses on the financial, economic, and commercial aspects of the modern freight business. Looking at both the microeconomic and macroeconomic forces shaping bottom lines, the news in this category includes labor news, jobs reports, tonnage and sales indicators, operations analysis, money and banking, mergers, acquisitions, e-commerce, bankruptcy, insurance issues, and more.
Ryder Introduces Electric Vehicle Service
ANAHEIM, Calif. — Ryder System Inc. has introduced an electric vehicle program that includes advisers, electric vehicle leasing, vehicle charging, telematics and maintenance services.
May 2, 2023Traton Q1 Profit Jumps as Sales Rise
Traton SE profits jumped in the first three months of 2023 on the back of higher sales and an asset disposal, with truck production and sales at its North American Navistar unit climbing.
May 2, 2023FMC Commissioner Calls for Transparency in Shipping Industry
Federal Maritime Commissioner Carl Bentzel believes that the port bottlenecks that occurred during the peak of the coronavirus pandemic must be avoided during future emergencies.
May 2, 2023Detroit/Wayne County Port Authority Eyes Reduced Emissions
The Detroit/Wayne County Port Authority is vowing to reduce the amount of carbon dioxide it releases as part of its operations and improve the authority’s environmental impact.
May 2, 2023Japan Airlines to Debut Its First Freighter Planes in 13 Years
Japan Airlines Co. will introduce three new cargo planes for the first time in more than a decade, seeking to diversify revenue by tapping into global and local consumer demand.
May 2, 2023DTNA's O’Leary: No Time to Waste Building EV Infrastructure
ANAHEIM, Calif. — DTNA chief John O’Leary called for the industry to move at “the speed of right” in developing electric vehicle infrastructure.
May 2, 2023Kodiak Installs Autonomous Driving System on Electric Truck
ANAHEIM, Calif. — Autonomous truck developer Kodiak Robotics unveiled a battery-electric Class 8 truck equipped with its self-driving technology at the 2023 ACT Expo.
May 2, 2023DHL Plans Third Air Cargo Hub in California
Greg Hewitt, CEO of DHL Express U.S., says company leadership is doubling down on its GoGreen Plus program, with a goal of being a net-zero emissions company by 2050.
May 1, 2023Forward Air Reports Revenue and Earnings Decline for Q1
Forward Air Corp. experienced a year-over-year decline in revenue and earnings during the first quarter of 2023, the company reported May 1.
May 1, 2023Trending
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